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Politics : Formerly About Applied Materials
AMAT 260.77+0.2%Dec 24 12:59 PM EST

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To: Sam Citron who wrote (67284)1/10/2003 8:36:04 AM
From: Fred Levine  Read Replies (3) of 70976
 
Sam -- My position is that all income should be taxed progressively. Many of the other taxes are political constructions to pick pockets silently and are regressive. I have mixed feelings about the sin tax, because they are designed to collect revenue and discourage socially and personally destructive behaviors. They are the most regressive of all taxes, however.

After writing my previous post, I remembered that my father put my brother and me thru college (we went to CCNY, which was free), and that, when I went to Northwestern for graduate work, he wanted to take another job to prevent me from working. He would get no tax relief for a second job. Therefore, I do take it personally when people seem cavalier about taxing wages.( BTW, I did get a fellowship so neither had to work).

The Casino at Monaco foots the bill. They cheated me there and I have never been screwed in a more elegant place!

fred
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